It's vital to ensure that your club is fit for the future - and that means taking care of your cash. Here are some ways to help you deal with your finances, so that you can plan ahead.
Money isn't everyone's favourite subject but reading these sections could help you move forward as a group...
It's really important to keep your finances protected. A really good way to do this is to set up a separate bank account for your group.
This promotes transparency, and makes sure that your group's money doesn't get mixed up with anyone else's.
But what else should you do?
This guide gives you advice on protecting your group's money.
Are your finances fit for the future?
Here are some tips that will help you stay in good financial shape and meet good governance standards.
To survive and thrive, you need to be well organised, plan ahead and be resilient.
And you do all that, you'll need a brilliant business plan.
There's a template here to help you create your own.
So do you really need to budget? The answer is 'yes'!
Budgeting is essential, so that you can successfully plan for the future.
Here's how to do it...
So you need more money.
We understand.
This section is all about saving the pennies...
This is your rainy day money that must only be used to further the aims of your organisation.
Here's how you can plan your reserve and help to safeguard your organisation's future...
If you have your own facilities or equipment, it’s important to save enough money to refurbish or replace them when the time comes.
Here's how to establish a sinking fund...
If something unexpected happens, you'll need to do some emergency financial planning.
Here's how you can do it...
How organisations are adapting to increased living costs and continuing to support their communities.
